The layoffs come after a strong quarter for Block, with revenue, profit, and customer base all growing. But Dorsey appears to think that the rise of AI makes this move inevitable, presenting the decision as a choice between doing one sharp cut now, or laying people off slowly over a longer period of time.
Speaking on BBC Breakfast, the prime minister said the rule would mean a victim of intimate image abuse "doesn't have to do a sort of whack-a-mole chasing wherever this image is next going up".
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Laura Ullrich, director of economic research at Indeed, said in her view another reason hiring appetites took a hit last year was the uncertainty stemming from the Trump administration's cuts to government spending and his programme of tariffs.
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